During 98,5% of human history, GOLD was MONEY. But 40 years ago, something changed and the world went finally out of the gold standard. It was “temporary”, but it has been permanent.
Since August 15th 1971 we have been hearing about “speculators” as evil instead of government, and since then we are traveling in uncharted territory and it seems the journey is not going well…
Hearing Nixon then sounds like Obama talking about the Triple A of the American bonds: PURE NONSENSE.
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